Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Stock Price Down 4.1% – Here’s Why

Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) traded down 4.1% on Friday . The stock traded as low as $25.78 and last traded at $25.91. 2,019,227 shares traded hands during trading, a decline of 2% from the average session volume of 2,067,566 shares. The stock had previously closed at $27.02.

Defiance Daily Target 2X Long IONQ ETF Trading Down 4.1%

The business has a 50-day moving average of $29.55 and a 200 day moving average of $39.78.

Hedge Funds Weigh In On Defiance Daily Target 2X Long IONQ ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long IONQ ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,857 shares of the company’s stock, valued at approximately $270,000. Flow Traders U.S. LLC owned 0.26% of Defiance Daily Target 2X Long IONQ ETF at the end of the most recent reporting period.

Defiance Daily Target 2X Long IONQ ETF Company Profile

The Defiance Daily Target 2X Long IONQ ETF (IONX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.